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Absolute Trust TalkCher Files for Conservatorship of Son Elijah Blue Allman Over Alleged Substance AbuseRecently, the entertainment world has been abuzz with numerous high-profile conservatorship battles, and the latest to emerge involves iconic singer Cher. She has initiated a conservatorship petition concerning her son, Elijah Blue Allman, aiming to oversee the financial benefits he inherits from his father, the late Greg Allman's trust. Legal filings state the urgent need for a conservator to safeguard Elijah's estate against potential damages or losses, citing his inability to manage his finances due to significant mental health and substance abuse challenges. Tune into a new episode of Absolute Trust Talk for an in-depth analysis of this situation...2024-03-1207 minAbsolute Trust TalkHow to Avoid a Chaotic “Casey Kasem” Estate Plan?Actor and radio personality Casey Kasem occupied a singular place in American popular culture. As he counted down the hits for the week via his show, American Top 40, he was also doing something else that was decidedly more important — providing a sense of consistency that we could all rely on. World affairs might rattle us, and the financial markets volatility might worry us, but regardless of what else was transpiring in the world, we could always count on Casey to entertain us with his one-of-a-kind voice, and all would still seem more or less normal. Unfortunately, the fi...2023-07-0833 minAbsolute Trust TalkWhat’s Left of the Presley Estate? Lessons Learned from Elvis & Lisa MarieEver since the mid-’50s, when “That’s Alright Mama” hit the airwaves and marked his rise to stardom, Elvis Presley has been lauded as one of the most galvanizing figures in the history of popular music. He became a household name as quickly as anyone ever had in his pre-social media time and would go on to have an incredible 149 songs make the Billboard Top 100 Pop Chart. He would also become the ultimate Las Vegas fixture — the prototype creator of what is now known today as the “Las Vegas Residency.” Sold-out concerts, hit songs, packed theatres. Elvis generate...2023-02-1935 minAbsolute Trust TalkAB Trust: Do You Have One? Do You Need One?Ever open a closet drawer only to discover something from your past that’s long since been rendered obsolete? More often than not, this obsolescence comes by virtue of outdated technology — or, in the case of clothing, because of a shift in what’s considered fashionable. Think VHS players, a Sony Walkman . . . parachute pants. While you probably wouldn’t expect to find any such relics within the realm of estate planning, they might just exist there too. If you’re married, an excellent case in point is the AB trust you’ve been holding onto for quite some time — m...2023-02-0627 minAbsolute Trust TalkWhat Does My Family Need to Know About My Estate Plan Before it’s too Late?The quest to follow a client’s wishes will always top the list of priorities for any conscientious estate attorney — keeping all parties concerned out of court likely runs not far behind — and while there’s no failsafe way to ensure that priority #2 is 100% achieved, having an honest and open communication among family members about your estate plan is the best way to stack the odds in your favor. The subject of estate planning can make family members feel a little uneasy, even when some of its most obvious aspects are often left unspoken. For example, where to find...2022-12-0931 minAbsolute Trust TalkWhat Are the Top Ten (Plus) Estate Planning Myths?Considering what might potentially hang in the balance, logic would suggest that when it comes time to prepare an estate plan, nearly all of us would stick to a “just the facts” approach, steering clear of secondhand and ill-conceived advice from friends or flat-out inaccurate information that’s been handed down from generation to generation. But let’s be honest, estate planning can have its complexities and be confusing, so often, the information we have from our peers might be all we have. The problem is, when it comes time to put an estate plan into action, it’s usu...2022-10-2828 minAbsolute Trust TalkEstate Planning Lessons from the Rich and FamousIt’s hard to deny that we now live in a celebrity-centric society. At one time, programming like “Lifestyles of the Rich and Famous” seemed a novel concept. Now we’re bombarded almost daily with content chronicling the everyday activities of celebrities of all kinds — including stars with no real claim to fame other than having amassed a large following on social media. Our fascination with the rich and famous is hard to put down. We like to believe that our favorite celebrities are like us — they walk their dogs, go shopping, hit the gym, and live much like we...2022-10-1535 minAbsolute Trust TalkEstate Planning: House EditionPlanning for the time when you’ll no longer be around is a difficult topic for many of us to discuss. After all, who wants to be reminded of their own mortality? But, regardless of the discomfort, it’s a topic that needs to be addressed. Avoiding it can only bring confusion and hostility among your heirs, and the possibility that your hard-earned assets won’t be passed on as you would have intended. When the administration of an estate plan involves the inheritance of a house, as many do, the potential for problems grows even greater. While...2022-09-3032 minAbsolute Trust TalkHow to Support Your Parents Through a Downsizing MoveImagine leaving the home you've lived in for 30, 40, or even 50 years and downsizing all of your belongings so you can move to a smaller space or assisted living. This can be a very sad and sentimental experience for many people. How do you sort through all of your belongings that you've collected over the years, picking and choosing what stays and what goes? If your parents or other older loved ones are facing this transition, it's important to support them in every way possible. In this episode of Absolute Trust Talk, Madison Gunn welcomes husband and wife...2022-07-2332 minAbsolute Trust TalkChoosing a Trustee – How to Get It RightIt goes without saying that trustworthiness is the number one trait you should think about when you choose a trustee for your estate plan. Is the person going to do the job? Are they going to do the job right? Are they going to put the needs of the trust, estate, and other beneficiaries first? We know it’s a lot to think about, and honestly, there is no correct answer when it comes to choosing your trustee or trustees because every family is different. While it may also seem logical to name your child or children as trustees, thi...2022-07-1134 minAbsolute Trust TalkIncapacity Failures: Plan Ahead So Your Plan Works for YouThough it might seem like you’ve got everything covered within your trust document, estate planning is not just about what happens after you die. Issues can also arise in the event that you become incapacitated. Over the years we have seen all sorts of problems because not enough attention was paid to incapacity planning. If the current plan you have in place doesn’t make it quick and easy for others to step in and take over on your behalf, delays can cause your own health and well-being to suffer. It can also cause confusion and disagreement among family memb...2022-06-1128 min